Merger

The proposed merger between Richmond, VA-based Dominion Resources Inc. and Salt Lake City, UT-based Questar Corp. came one step closer to completion Tuesday when Utah’s Public Service Commission signed off on the deal, the companies announced.

Hawaiian Electric Industries Inc. (HEI) has scrapped plans for a liquefied natural gas (LNG) contract with Fortis Hawaii Energy Inc. as well as plans to convert an existing power plant to natural gas following the termination of its proposed merger with NextEra Energy Inc.

Activist investment firm ValueAct on Tuesday agreed to pay a record $11 million to the U.S. Justice Department to settle allegations that it attempted to influence the Baker Hughes Inc. and Halliburton Co. merger, which has since been canceled.

In the wake of a failed merger with Energy Transfer Equity LP (ETE), an apparent attempt to oust CEO Alan Armstrong at the Williams Companies Inc. has failed and led to the resignation of six of its 13 board members, including the chairman.

Call it the marriage that didn’t quite make it to the altar.

Despite a judge’s ruling that could ultimately nix the deal, The Williams Companies Inc. said more than two-thirds of its shareholders voted for the proposed merger with Energy Transfer Equity LP (ETE), according to preliminary results.

After a two-day trial, a Delaware judge ruled Friday that Energy Transfer Equity LP (ETE) could terminate its proposed merger with The Williams Companies Inc.

TransCanada Corp.’s $13 billion plan to acquire Columbia Pipeline Group Inc. (CPG) crossed a major threshold Wednesday as CPG’s shareholders voted to approve the deal.

Southern California-based Agility Fuel Systems and part of Hexagon Composites, a group of Norway-based companies, announced Tuesday they will merge to form Agility Fuel Solutions, a provider of complete compressed natural gas (CNG) onboard fuel tank and fueling systems for medium- and heavy-duty natural gas vehicles (NGV).